ShippingWatch

DHT reports double-digit million dollar deficit in strained tanker market

Crude oil tanker shipping company DHT Holdings reports a new deficit for the third quarter of the year, though operating profit and spot income were more or less in line with expectations. Analyst firm Clarksons Platou is optimistic about the company's fourth quarter.

Photo: PR-foto: DHT Holdings

2018 has so far been a very strained year for the crude oil tanker operators, who have been struggling with weak demand for oil transport and too many ships vying for the jobs.

A testimony to this state of things is the tanker shipping companies' results this year, and on the bottom line, the third quarter is no exception for DHT Holdings, shows the company's interim report for the third quarter.

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